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ratelena [41]
3 years ago
15

The Consumer Products Division of Goich Corporation had average operating assets of $1,450,000 and net operating income of $133,

100 in May. The minimum required rate of return for performance evaluation purposes is 9%. What was the Consumer Products Division's residual income in May?
Business
1 answer:
lidiya [134]3 years ago
8 0

Answer:

Consumer Products Division's residual income in May is $2,600

Explanation:

Residual Income is the dollar amount of the divisional operating profit over its cost of acquiring capital to purchases its operating assets.

Residual Income = Operating Income - (Operating Assets × Cost of Capital)

Therefore,

Residual Income = $133,100 - ($1,450,000 × 9.00%)

                            = $2,600

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If Sal sends to Max a high priority e-mail message telling Max that his wife has just died, when in fact Sal knows this to be un
Alika [10]

Answer:

Max may be able to sue a Sal for infliction of emotional distress.

Explanation:

When a person causes distress to another individual is known as inflicting emotional distress, this act can be intentionally or unintentionally. Inflicting emotional distress can result in intense emotions that will result in anxiety and stress in people affected.

The infliction of emotional anguish is an act judged by the law for the emotional damage that it causes to the affected person, despite the absence of physical or material damage; currently, the courts take into account emotional suffering as a grievance towards the person.

For example, in the case of Max he can sue Sal for the emotional damage he caused when he received the mail informing the death of his wife, Sal was committing the act intentionally, since she knew it was not true, whereby Sal can be tried by a court if Max files the lawsuit for inflicting emotional distress.

<em>I hope this information can help you. </em>

5 0
3 years ago
There are hundreds of colleges that serve millions of students each year. the colleges vary by location, size, and educational q
Tems11 [23]
Not Competitive b/c not a standardized product. 

The differing location, size, and quality makes each college not standardized.

Hope this helps!
8 0
3 years ago
Kordel Inc. acquired 75% of the outstanding common stock of Raxston Corp. Raxston currently owes Kordel $500,000 for inventory a
Nady [450]

Answer:

what amount of Raxston’s liability should be eliminated? d.$500,000

Explanation:

At different levels of the consolidation, certain intercompany payables and receivables balances must be eliminated. Eliminations are only required in the context of a consolidation where the trading parties are both included in a given consolidation.

8 0
3 years ago
If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by:_
nydimaria [60]

If labor costs are 60 percent of production costs, then a 15 percent increase in wage rates would increase production costs by <u>9 percent.</u>

<h3>What are labor costs?</h3>
  • The total of all employee wages, employee benefits, and payroll taxes paid by an employer constitutes the labor costs. Direct and indirect (overhead) labor costs are separated.
  • While indirect costs are related to labor costs, such as personnel who maintain industrial equipment, direct costs include wages for the employees who make a product, including those on an assembly line.
  • While indirect costs are related to support labor, such as personnel who maintain industrial equipment, direct costs include wages for the employees who make a product, including those on an assembly line.
  • The price of goods or services may fluctuate away from their genuine cost if labor costs are poorly allocated or evaluated, which could hurt earnings.

To learn more about labor costs with the given link

brainly.com/question/5427701

#SPJ4

7 0
1 year ago
Laws governing sales are only enacted when the rights of an organization are infringed upon
luda_lava [24]
False because I know give brainlessly because I so swag and cool
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